What happened: Yearn Finance Tech is just another useless scammy DeFi for which creation is spent minimum amount of time and effort. Beside website looking like it's been made in half an hour, basically there are no other info about the project itself. No whitepaper, no team, no features explained.
All they have is roadmap that looks like wish list, empty promises about exchange listings and bitcointalk bounty campaign going on, for which hundreds of bounty hunters applied, without stopping for a second to check whether the project they support makes any sense. What we can expect though is "I've been scammed by YFIT bounty manager" thread in a couple of months.
Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=2475Bounty thread
https://bitcointalk.org/index.php?topic=5287082.0Archive
https://archive.fo/lbWf9Website
https://yearnfinance.techArchive
https://archive.fo/hNIslDomain Name: YEARNFINANCE.TECH
Registry Domain ID: D205851148-CNIC
Registrar WHOIS Server: whois.namecheap.com
Registrar URL:
https://namecheap.comUpdated Date: 2020-10-25T20:25:11.0Z
Creation Date: 2020-10-25T20:24:53.0Z
Registry Expiry Date: 2021-10-25T23:59:59.0Z
To attract naive investors, they decided to organize giveaway for all those that hold at least 10 YFIT (10 YFIT=1 ETH). Giveaway has no rules, only thing they have is a vague promise of 5,000 USD worth of ETH. Its pretty obvious and desperate attempt to get at least some ETH, before they disappear.